Benchmarking Supplier Network Collaboration

The supply chain requires the collaboration and synchronisation of each entity for the success of need fulfilment. Hence, entities cannot work in isolation. Thus, the need for collaborations with reference to not just customers and the manufacturer but also with the supplier is pivotal. ABC's two suppliers are selected for the scope of the study. Their manufacturing processes are understood and the lead times are analysed. The researcher arrived at the conclusion that immense number of shortages amount due to lack of information sharing and transparency. Hence, with the help of IT support an effective supplier network is introduced and implemented for the supplier PQR Incorporation. This is then used as a benchmark for another supplier: XYZ Motors.